Luokung Technology Corp

NASDAQ:LKCO USA Advertising Agencies
Market Cap
$5.57 Million
Market Cap Rank
#34441 Global
#11228 in USA
Share Price
$0.81
Change (1 day)
-47.06%
52-Week Range
$0.81 - $1.60
All Time High
$3240.00
About

Luokung Technology Corp., a spatial-temporal intelligent big data services company, provides interactive location-based services and high definition maps in the People's Republic of China. The company offers Luokung SDKs and APIs, which provide spatial-temporal big data analysis and customized map to software and mobile application developers that allows location-based contents and information to… Read more

Luokung Technology Corp - Asset Resilience Ratio

Latest as of September 2024: 0.86%

Luokung Technology Corp (LKCO) has an Asset Resilience Ratio of 0.86% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$462.30K
Cash + Short-term Investments
Total Assets
$53.64 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2024)

This chart shows how Luokung Technology Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Luokung Technology Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $462.30K 0.86%
Total Liquid Assets $462.30K 0.86%

Asset Resilience Insights

  • Limited Liquidity: Luokung Technology Corp maintains only 0.86% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Luokung Technology Corp Industry Peers by Asset Resilience Ratio

Compare Luokung Technology Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
DREAMINSIGHT Co,.Ltd.
KQ:362990
Advertising Agencies 31.84%
Cheil Worldwide
KO:030000
Advertising Agencies 6.59%
Genimous Technology Co Ltd
SHE:000676
Advertising Agencies 9.91%
PUC Bhd
KLSE:0007
Advertising Agencies 0.02%
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
Advertising Agencies 10.98%
Focus Media Information Technology Co Ltd
SHE:002027
Advertising Agencies 8.42%
Leo Group Co Ltd
SHE:002131
Advertising Agencies 20.33%
NanJi ECommerce Co Ltd
SHE:002127
Advertising Agencies 20.01%

Annual Asset Resilience Ratio for Luokung Technology Corp (2011–2024)

The table below shows the annual Asset Resilience Ratio data for Luokung Technology Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.86% $462.30K $53.64 Million --
2018-12-31 0.00% $0.00 $37.58 Million --
2017-12-31 0.00% $0.00 $37.58 Million --
2016-12-31 0.00% $0.00 $23.72 Million --
2012-12-31 4.05% $1.21 Million $29.89 Million +2.07pp
2011-12-31 1.98% $724.00K $36.52 Million --
pp = percentage points